Japan: Economic and Policy Developments
International Monetary Fund
No 1999/114, IMF Staff Country Reports from International Monetary Fund
Abstract:
This paper provides a brief overview of the causes of the poor economic performance of Japan in the 1990s, and a more detailed analysis of developments in the real sector during 1999. The paper highlights that the collapse of the asset price bubble in 1990–91 provided the trigger for the downturn in 1992, and compounded the economic problems thereafter through its effects on the banking system. This paper also analyzes the fiscal policy developments and the monetary developments in Japan.
Keywords: ISCR; CR; price; government bond; consumption; loan; foreign exchange; investment; business investment; asset price collapse; fiscal policy; BOJ bill; BOJ measure; Loans; Budget planning and preparation; Private consumption; Asia and Pacific; Global; North America (search for similar items in EconPapers)
Pages: 109
Date: 1999-10-12
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Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:1999/114
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